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25%关税重创美国汽车股,美加墨供应链集体承压

A 25% tariff has severely impacted USA Autos stocks, putting pressure on the supply chain of the USA, Canada, and Mexico.

Zhitong Finance ·  Mar 4 09:12

President Trump promised to impose a 25% tariff on imported products from Canada and Mexico, causing turmoil in the American Financial market, with Auto Manufacturers, suppliers, and the Industry stocks closing weakly on Monday.

According to the Wisdom Finance APP, the American Financial market has been thrown into turmoil due to President Trump's promise to impose a 25% tariff on imported products from Canada and Mexico, with shares of Auto Manufacturers, suppliers, and auxiliary industry closing weakly on Monday.

President Trump stated at a press conference, 'Tomorrow, a 25% tariff will be imposed on Canada and Mexico,' and added that there is 'no space' to reach an agreement before the midnight deadline.

This long-promised tariff policy will be the broadest during the Trump administration, affecting approximately $1.5 trillion worth of imported goods annually in the USA. All commodities imported from Canada and Mexico will be subject to a 25% tariff, with the only exception being Canadian energy products, which will carry a 10% tax rate. Additionally, Trump announced that tariffs on Chinese imported commodities will double to 20%.

His remarks created shockwaves in an already tariff-sensitive market, leading to$Dow Jones Industrial Average (.DJI.US)$a drop of 650 points, impacting the Big Three in Detroit - $General Motors (GM.US)$$Ford Motor (F.US)$ and $Stellantis NV (STLA.US)$And$Tesla (TSLA.US)$The stock price fell sharply at the close.

The impact is not limited to Auto Manufacturers. $Aptiv PLC (APTV.US)$$Lear (LEA.US)$$BorgWarner (BWA.US)$$Magna International (MGA.US)$and $Autoliv (ALV.US)$Suppliers are also under immense selling pressure. $Dana (DAN.US)$ For Ford and Stellantis, manufacturing Transmissions, drive shafts, and motion systems, as well as parts for the mining and construction Industry, its stock price dropped about 5% to its lowest point in 6 weeks.

Producing seats and interior components. $Adient (ADNT.US)$ The stock price fell nearly 7%, while Canada's largest tire manufacturer, headquartered in Ohio.$Goodyear Tire & Rubber (GT.US)$The company's stock price has dropped by 6.5%.

The subconscious reaction to President Trump's remarks highlights Wall Street's sensitivity to the impact of tariffs. Data shows that most Autos in the USA are produced domestically, with only 16% produced in Mexico and just over 7% in Canada. However, imposing a 25% tariff on imports from these countries (as well as on parts imported from outside the USA) would increase the average cost of Autos by $6,250, and this additional cost is likely to be shared by manufacturers and consumers.

Both Mexico and Canada have vowed to retaliate against the USA's tariffs.

Editor/rice

The translation is provided by third-party software.


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